As you asked about specifically the green shoots and product, that really is where I put my first attention because product in this footwear and apparel space is such a long lead time issue. And the new intros are working well. So things that we address around style, newness, versatility, comfort, which is what we had been hearing from our consumers, but not responding adequately enough to, are starting to come to fruition with the products that we’re bringing out. Like the new school, like the Lowland, like the Mary Jane, those are nice green shoots. They’re still small at this point and not enough to offset the decline we’ve seen in classics. However, the work we’re doing in the background to bring bigger stories to the market faster, that will deliver more results, we still feel really confident in.
And then as Matt referenced the really leaning into expanding our franchises, I think in the past, our focus on classics was so big that it distorted our opportunities and what we’re doing with things like the UltraRange and the MTE growing at double digits, UltraRange, I think 13 for the quarter, MTE at 39 for the quarter, that’s really where we believe there’s a lot more opportunity to broaden our product meaning. So those are particularly important. Matt referenced launching Pinnacle, and you’ll start to see that in spring when the line first really comes to market. And then we have been continuing to work on consumer and getting really deep into understanding our segmentation study, integrating consumer data and analytics into everything we do, et cetera.
So those are really our big priorities. However, we still believe execution is the opportunity and what we’re doing with SKU reduction of 20% to 30% that will be completed in August in our U.S. stores. That changes store layouts, simplifies the shopping experience for consumers, but still delivers on the business we want to see. Overall, I think the things we said we were going to focus on are really working.
Jay Sole: Got it. Thank you so much. It was very helpful.
Kevin Bailey: Absolutely.
Operator: Thank you. And our next questions come from the line of Jonathan Komp with Baird. Please proceed with your questions.
Jonathan Komp: Yes. Hi, thank you. Welcome, Bracken. Just maybe one follow up, if I could. Your initial intuition just on the timeline to turn around any of the brands that are in focus or implement some changes, just curious to get your thoughts there? And just more of a broader question. You’re obviously inheriting a financial plan for this year, but any thought to essentially a broader reset that would enable you to really accelerate some of the investments in the different areas of the business?
Bracken Darrell: Yes, as I said, it’s a little too early for me to respond either one of those, but what I would say is I am, I said earlier that I felt right at home that. The one or two things that I feel most excited about coming in here are one, the brands are even stronger than I expected. And it’s nice to see, I knew we had strong brands, but as I’ve gone through it, I feel really good about the brand equities and the potential of each brand. And the people here are really strong. So I’m super optimistic. I’m 12 days in, so I’m not ready to start talking about what we’re going to do next, but I’m really excited about being here and I promise you, I won’t evade your question next quarter.
Jonathan Komp: Understood and I appreciate that, thank you. Matt, if I could follow up then on the DTC assumption for the year, I think, constant currency was down slightly for the quarter. Could you just give us more insight, what you’re planning for the year and especially for the Vans business, what’s needed in the second half in order to hit the guidance here?
